Market Square Fine Wine & Liquors staying at Market Square

Market Square Fine Wine & Liquors plans to maintain a presence at Market Square but in a different building.

Leon Capital Group, the Dallas-based investment group that owns the property, renewed a lease with the longtime tenant as plans unfold to create a mixed-use development anchored by a movie theater.

Several businesses have left the property amid the uncertainty tied to the redevelopment. In addition to the liquor store, Southern Seafood announced last year it plans to remain a tenant at Market Square.

Construction is slated to begin this year. Leon Capital said the liquor store plans to move to a building closer to Timberlane Road on the property.

“With nearly 40 years of tradition, local ownership and commitment serving our beloved Tallahassee community, Market Square Liquors is very proud to be a part of the rebirth of the shopping center and excited to significantly enhance the experience for our amazing customers,” said Market Square Fine Wine & Liquor owners Bill Pfeiffer and AJ Patel, in a statement.

Contact TaMaryn Waters at tlwaters@tallahassee.com or follow @TaMarynWaters on Twitter.